Damage to KZN properties due to the recent unrest in the province Growthpoint Properties Limited Approved as a REIT by the JSE Incorporated in the Republic of South Africa Registration number 1987/004988/06 ISIN: ZAE000179420 JSE Share code: GRT ("Growthpoint”) DAMAGE TO KZN PROPERTIES DUE TO THE RECENT UNREST IN THE PROVINCE Growthpoint stakeholders are advised that 7 of Growthpoint’s Properties in KZN, representing 2.3% of total South African GLA, have been damaged due to the recent unrest in the province. No Growthpoint properties in any other provinces suffered damage. Two retail properties representing 4.64% of total retail GLA, were impacted by extensive looting and related damage: • Watercrest Mall, which is 50% co-owned, and has a total GLA of 45 318sqm (50% - 22 659sqm). All common areas and tenant’s premises were looted with extensive damage to shop fronts and air conditioning, with vertical reticulation still to be assessed. Fortunately, at this point there was not any structural damage to the building and cleaning has commenced by our staff, cleaners and the local community. • City View,100% ownership, and has a total GLA of 40 362sqm. All common areas and tenant’s premises were looted. Looters attempted to burn down the delivery area and road facing tenants on multiple occasions, but the fires were quickly extinguished, they did however cause some damage to the air conditioning system and electrical reticulation, which has rendered a portion of the centre without electricity. Sprinklers were activated and there is also resultant water damage. A professional team has been engaged and they are busy quantifying the damage on both sites. Five industrial properties representing 2.73% of total industrial GLA, were impacted to varying degrees: • The Runway park facility of 12 160sqm was breached and looted. Access to this pharmaceutical facility has been restricted and the damage is still to be assessed. • The adjacent Runway Park JV, 50% co-owned measuring a total 28 886sqm (50%-14 443sqm), was breached with severe looting and fire damage to offices. • Inanda Road, 5 816sqm multi-tenanted facility, partly looted with minor property damage. • Lanner Place, 14 446sqm multi-tenanted facility severely looted with minor property damage. • Ficus Place, 9 886sqm facility suffered minimal looting with damage to the perimeter fence. • Goodwood Road (previously African Gabions), 5 314sqm facility severely looted with minor property damage. All properties are insured for business interruption and with SASRIA. The company continues focus on reinstating trading and operations at all these affected facilities but is monitoring the volatile situation. Ensuring the safety and security of our staff, centre management, tenants and shoppers, as well as our assets remains paramount. As such additional security has been deployed to high-risk assets. Sandton 20 July 2021 Sponsor: Investec Bank Limited Date: 20-07-2021 01:06:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.